I want to begin letting my Bradford property, but there’s a mortgage on it. What should I do?
You’ll need to get permission from your mortgage lender before you rent out your Bradford property.
Do I have to pay tax on the rental income I earn?
Yes. You’ll pay standard income tax on your rental income (minus the deductible running costs) and Class 2 NI.
Do I have the right to enter my property when someone else is living there?
Yes, in certain circumstances. You’re legally entitled to enter your property to make inspections or to carry out repairs. You must, however, give your tenant 24 hours’ notice, except in emergencies.
I want my tenant to leave. How much notice must I give them?
It depends on the terms of your lease. If it is for a fixed term, you’ll usually have to let it run its course. Beyond this, the law states you should give your tenant “proper notice” which usually amounts to 2 months. Where tenants are failing to pay rent, or causing a nuisance, there are ways of getting them to leave, usually by way of notices followed (if necessary) by court evictions. Find out more about the regulations that landlords can use to remove tenants.